Well now it looks like we have another Popular Retail Store to close some of their locations. Despite some of their promotions they’ve been running lately; Buy 1 Get 1 for a $.01 and their awesome $10/$10 or $100/$100 deals they seem to still be falling short on their sales.

JcPenney has announced they will close some of their locations starting this year. It looks like they will be focusing on closing some of the locations in smaller markets. We will keep you updated when we start getting confirmation of what locations will be closing.

We have another retail store closing all of their locations. This teen-focused fashion store previously filed for bankruptcy protection in 2015. Versa Capital Management LLC later acquired the company for $7.5 million, and at the time, promised to keep at least 140 stores open. But after the teen retailer continued to struggle and saw its sales suffer.

Surprisingly, today Trader Joe’s announced the closing of ALL 457 locations by January 2017.

The company has been having financial problems for a while, and with online sales and so many new organic food stores opening competition has been incredibly stiff. The past year they have been slashing prices to combat their main competitor Whole Foods, however this was not enough to keep up.

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